Pernod Ricard (OTCMKTS:PRNDY) Sees Large Volume Increase – Still a Buy?

Shares of Pernod Ricard SA (OTCMKTS:PRNDY) saw unusually-strong trading volume on Monday . 1,306,370 shares changed hands during trading, an increase of 87% from the previous session’s volume of 697,092 shares.The stock last traded at $16.0650 and had previously closed at $15.91.

Analyst Upgrades and Downgrades

Separately, Zacks Research lowered shares of Pernod Ricard from a “hold” rating to a “strong sell” rating in a report on Tuesday, July 7th. One research analyst has rated the stock with a Strong Buy rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Pernod Ricard Stock Down 2.2%

The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.83 and a current ratio of 2.33. The firm’s 50 day moving average price is $15.15 and its 200 day moving average price is $15.68.

About Pernod Ricard

Pernod Ricard SA produces and sells wines and spirits worldwide. The company offers whiskey, vodka, gin, rum, liqueur and bitters, champagne, tequila and mezcal, and aperitif under the brands 100 Pipers, Aberlour, Absolut, Absolut Elyx, Altos, ARARAT, Augier, Avion, Ballantine's, Becherovka, Beefeater, Blenders Pride, Brancott Estate, Campo Viejo, Ceder's, Chivas, Church Road, Clan Campbell, Del Maguey, George Wyndham, Green Spot, Havana Club, Imperial, Imperial Blue, Italicus, J.P. Wiser's, Jacob's Creek, Jameson, Jefferson's, Kahlúa, Kenwood, KI NO BI, Lillet, Long John, L'Orbe, Lot No.